Go First has performed successful test flights paving way for its resumption of commercial operations soon. The airline is reportedly working on securing airport slots and funding to ensure a smooth resumption of operations, as per a Financial Times report. The National Company Law Tribunal has allowed Go First to use its leased aircraft, stating that it is crucial for the airline's business resumption plan
The test flight is one of the mandatory requirements in which airlines must prove that their aircraft are ready for operations. This was the first time Go First flew its Airbus A320 aircraft since halting operations in May.
Shailendra Ajmera, the resolution professional (RP) is in discussion with the committee of creditors (CoC) regarding the airline's funding as it plans its next move
In another boost to the airline, the National Company Law Tribunal (NCLT) has sided with Go First and rejected its lessors' request to refrain the airline from using the leased aircraft. NCLT clarified that allowing Go First to operate the aircraft is crucial for its business resumption plan and highlighted that the DGCA had not deregistered the aircraft.
“… It is pertinent to mention that the DGCA has not deregistered the aircraft, which means that they are available to the ‘Corporate Debtor’ for use to resume operations. Therefore, as long as the aircrafts or engines are registered, they can be used for operating or flying to keep the ‘Corporate Debtor’ as a going concern, however, within the safeguards or safety norms prescribed by the regulators,” registered a two-member bench.